Cost Accountant, City Deep

About the position

A large international engineering/ manufacturing company requires the above to analyse, track, and control manufacturing costs to support strategic decision-making and enhance profitability.
Minimum requirements for the role:

• A BCom in Management Accounting, or CIMA Management Level is essential for this role.
• Proven work experience working as a Cost Accountant in a manufacturing environment is essential.
• Thorough knowledge of accounting procedures and IFRS.
• Previous experience working with accounting software, for example Sage X3 and CaseWare is preferred.
• The ability to understand engineering drawings would be beneficial.
• Must have a strong understanding of standard costing, variance analysis, and product cost modelling.
• Advanced Excel and data analysis skills.

The successful candidate will be responsible for:

• Analysing, tracking, and controlling manufacturing costs to support strategic decision-making and enhance profitability.
• Determining and calculating overhead and labour costs.
• Analysing production and operational costs.
• Managing the budgets (expense and Capex) for the factory.
• Preparing investment proposals for the factory.
• Compiling monthly management accounts and reports and analysing and reporting on daily sales and profit margins.
• Calculating and updating standard costs and costing for new products as required as well as calculating the selling price of products.
• Reviewing standard and actual costs for inaccuracies and identifying and recommending cost-effective solutions.
• Participating in the preparation and consolidation of annual budgets and quarterly forecasts for factory costs and capital expenditure.
• Monitoring actual versus budgeted costs and investigating variances, providing commentary and actionable insights.

Salary package, including benefits, is highly negotiable depending on experience gained.

Desired Skills:

• Cost Accountant
• CIMA
• Finance